Beyond the Federal Phaseout: How FIs Are Realigning Payment Operations
The Federal Shift to Digital Payments Signals a Broader Change—But Checks Aren’t Disappearing Overnight In March 2025, the U.S. federal government...
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CheckAlt helped a leading fintech partner supporting community financial institutions (FIs) go live with lockbox services in just 4 days. By leading the onboarding process with a templated, repeatable approach, CheckAlt delivered speed, consistency, and scale—without sacrificing quality or control.
challenge
The fintech partner needed to onboard multiple sub-merchants quickly to meet business growth goals. However, traditional lockbox implementation timelines—often taking 4 to 6 weeks—posed a risk to revenue and operational efficiency. They required a faster, repeatable model for lockbox deployment across their business units
solution
CheckAlt partnered with the fintech provider to design a templated lockbox onboarding approach at the parent level. This allowed all sub-merchants to follow the same structure—streamlining setup, reducing customization, and accelerating the timeline for each new lockbox.
results
With CheckAlt’s templated approach, the client experienced dramatically reduced onboarding time and improved operational efficiency:
"We needed a partner who could move fast and handle the heavy lifting. CheckAlt delivered. Our lockboxes go live in days, not weeks—and the process is smooth from start to finish."
— Co-Founder, National Fintech Partner Supporting FIs
CheckAlt’s approach focuses on agility, repeatability, and early alignment. By defining rules once at the parent level and removing one-off complexities, we help partners move at their own pace—without sacrificing accuracy or control.
Contact us to learn how we can help you shorten implementation time and support scalable receivables strategies.
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